which of the following do debits increase? revenue liabilities assets

Brief Explanations:

In accounting, the basic accounting equation is (Assets = Liabilities + Equity). Revenue is part of equity (as it increases equity). The rules of debit and credit state that:

• Assets: Debits increase assets. For example, when a company buys equipment (an asset) for cash, the equipment (asset) account is debited.
• Liabilities: Credits increase liabilities. For instance, when a company takes a loan (a liability), the liability account is credited.
• Revenue: Credits increase revenue. When a company earns revenue (say from selling goods), the revenue account is credited.

Answer:

assets